Original title: Statistical report on loan investment of financial institutions in the first quarter of 2022
According to the statistics of the People’s Bank of China, at the end of the first quarter of 2022, the balance of various RMB loans of financial institutions was 201.01 trillion yuan, a year-on-year increase of 11.4%; in the first quarter, RMB loans increased by 8.34 trillion yuan, an increase of 663.6 billion yuan year-on-year.
1. Loans to enterprises and institutions have grown steadily, and the interest rate of newly issued corporate loans is at a low level
At the end of the first quarter of 2022, the loan balance of domestic and foreign currency enterprises and institutions was 129.83 trillion yuan, an increase of 11.8% year-on-year, and the growth rate was 0.8 percentage points higher than that at the end of the previous year; an increase of 7.25 trillion yuan in the first quarter, an increase of 1.69 trillion yuan year-on-year.
In terms of terms, the balance of short-term loans and bill financing was 47.37 trillion yuan, an increase of 11.5% year-on-year, and the growth rate was 5.3 percentage points higher than that at the end of the previous year; an increase of 3.2 trillion yuan in the first quarter, an increase of 2.28 trillion yuan year-on-year. The balance of medium and long-term loans was 79.14 trillion yuan, a year-on-year increase of 12.2%, and the growth rate was 1.8 percentage points lower than that at the end of the previous year; the first quarter increased by 3.96 trillion yuan, a decrease of 514.4 billion yuan year-on-year.
In terms of different purposes, the balance of fixed asset loans was 54.95 trillion yuan, an increase of 9.5% year-on-year, and the growth rate was 0.6 percentage points lower than that at the end of the previous year; the balance of operating loans was 52.73 trillion yuan, an increase of 9.6% year-on-year, and the growth rate was 0.2 percentage points lower than that at the end of the previous year. percentage point.
In March, the interest rate on newly issued corporate loans was 4.37%, 8 and 19 basis points lower than the beginning of the year and the same period last year, respectively.
2. The growth rate of medium and long-term loans to industry is relatively high, and the growth rate of medium and long-term loans to infrastructure industry1 is stable
At the end of the first quarter of 2022, the balance of domestic and foreign currency industrial medium and long-term loans was 14.39 trillion yuan, a year-on-year increase of 20.7%, 9.7 percentage points higher than the growth rate of various loans, and 1.9 percentage points lower than the end of the previous year; an increase of 940.9 billion yuan in the first quarter, a year-on-year increase An increase of 24.9 billion yuan. Among them, the balance of medium and long-term loans for the heavy industry was 12.32 trillion yuan, a year-on-year increase of 19.7%, and the growth rate was 1.8 percentage points lower than that at the end of the previous year; percentage point.
At the end of the first quarter of 2022, the balance of medium and long-term loans for the domestic and foreign currency service industry was 52.22 trillion yuan, a year-on-year increase of 9.2%, and the growth rate was 1.8 percentage points lower than that at the end of the previous year; an increase of 2.3 trillion yuan in the first quarter, a year-on-year decrease of 470.3 billion yuan. The balance of medium and long-term loans in the real estate industry decreased by 1.5% year-on-year, and the decline was 1 percentage point higher than that at the end of the previous year.
At the end of the first quarter of 2022, the balance of medium and long-term loans in local and foreign currency infrastructure was 30.26 trillion yuan, a year-on-year increase of 13.2%, and the growth rate was 2.2 percentage points higher than that of various loans; the first quarter increased by 1.39 trillion yuan, a year-on-year decrease of 251.3 billion yuan.
3. Loans in the area of inclusive finance maintained a relatively rapid growth rate, the proportion of credit loans increased, and the interest rate of newly issued loans continued to decrease
At the end of the first quarter of 2022, the balance of RMB inclusive finance2 loans was 28.48 trillion yuan, a year-on-year increase of 21.4%, 1.8 percentage points lower than the end of the previous year; an increase of 1.98 trillion yuan in the first quarter, an increase of 17.8 billion yuan year-on-year.
At the end of the first quarter of 2022, the balance of inclusive small and micro loans was 20.77 trillion yuan, a year-on-year increase of 24.6%, and the growth rate was 2.7 percentage points lower than that at the end of the previous year, of which credit loans accounted for 18.9%, 0.8 percentage points higher than the end of the previous year; the first quarter An increase of 1.55 trillion yuan, a year-on-year decrease of 24.1 billion yuan. The balance of farmer production and business loans was 7.25 trillion yuan, an increase of 14.1% year-on-year; the balance of guaranteed loans for business start-up was 251.3 billion yuan, an increase of 11% year-on-year; the balance of student loans was 143.4 billion yuan, an increase of 12.3% year-on-year. The interest rate of newly issued inclusive small and micro enterprise loans in March was 4.93%, 17 basis points lower than that at the beginning of the year.
At the end of the first quarter of 2022, the balance of loans for people out of poverty was 953.7 billion yuan, a year-on-year increase of 16.5%, and an increase of 39.7 billion yuan in the first quarter.
4. Green loans maintain rapid growth
At the end of the first quarter of 2022, the balance of domestic and foreign currency green loans3 was 18.07 trillion yuan, a year-on-year increase of 38.6%, 5.6 percentage points higher than the end of the previous year, and 27.6 percentage points higher than the growth rate of various loans, an increase of 2.05 trillion yuan in the first quarter. Among them, loans to projects with direct and indirect carbon emission reduction benefits were 7.79 and 4.22 trillion yuan respectively, accounting for 66.5% of green loans in total.
In terms of different uses, the balance of loans to infrastructure green upgrade industries, clean energy industries, and energy conservation and environmental protection industries was 8.27, 4.74, and 2.32 trillion yuan, up 31.3%, 39.3%, and 58% year-on-year, respectively. In terms of different industries, the balance of green loans for the electricity, heat, gas and water production and supply industries was 4.82 trillion yuan, a year-on-year increase of 29.2%, and an increase of 342.7 billion yuan in the first quarter; the balance of green loans for the transportation, storage and postal industries was 4.36 trillion yuan, A year-on-year increase of 13.2%, an increase of 233.4 billion yuan in the first quarter.
5. The growth rate of agriculture-related loans remained stable
At the end of the first quarter of 2022, the balance of agriculture-related loans in local and foreign currencies was 45.63 trillion yuan, a year-on-year increase of 12.2%, and the growth rate was 1.3 percentage points higher than that at the end of the previous year.
At the end of the first quarter of 2022, the balance of rural (county and below) loans was 38.13 trillion yuan, a year-on-year increase of 12.8%, and the growth rate was 0.7 percentage points higher than that at the end of the previous year; an increase of 2.14 trillion yuan in the first quarter, an increase of 323.2 billion yuan year-on-year. The balance of loans to farmers was 14.05 trillion yuan, a year-on-year increase of 12.9%, and the growth rate was 1.1 percentage points lower than that at the end of the previous year; the first quarter increased by 624.8 billion yuan, a decrease of 30.9 billion yuan year-on-year. The balance of agricultural loans was 4.84 trillion yuan, an increase of 8.4% year-on-year, and the growth rate was 1.3 percentage points higher than that at the end of the previous year; in the first quarter, it increased by 280.3 billion yuan, an increase of 76.8 billion yuan year-on-year.
6. Loans for real estate development increased month-on-month, and personal housing loan interest rates fell
At the end of the first quarter of 2022, the balance of RMB real estate loans was 53.22 trillion yuan, a year-on-year increase of 6%4, 1.9 percentage points lower than the growth rate at the end of the previous year; an increase of 779 billion yuan in the first quarter, accounting for 9.3% of the increase in various loans during the same period This is 9.8 percentage points lower than the level of the previous year.
At the end of the first quarter of 2022, the balance of real estate development loans was 12.56 trillion yuan, a year-on-year decrease of 0.4 percentage points, and the growth rate was 1.3 percentage points lower than the end of the previous year; an increase of 290 billion yuan in the first quarter, an increase of 441.4 billion yuan over the fourth quarter of the previous year. The balance of personal housing loans was 38.84 trillion yuan, a year-on-year increase of 8.9%, and the growth rate was 2.3 percentage points lower than that at the end of the previous year. In March, the new personal housing loan interest rate was 5.42%, 17 basis points lower than the beginning of the year.
7. The growth rate of household loans has slowed down, and the interest rate of consumer loans has dropped significantly
At the end of the first quarter of 2022, the balance of domestic and foreign currency household loans was 72.37 trillion yuan, a year-on-year increase of 10.1%, and the growth rate was 2.4 percentage points lower than that at the end of the previous year; the first quarter increased by 1.26 trillion yuan, a year-on-year decrease of 1.3 trillion yuan.
At the end of the first quarter of 2022, the balance of domestic and foreign currency household operating loans was 17.1 trillion yuan, a year-on-year increase of 16%, 3.1 percentage points lower than the end of the previous year; an increase of 888.7 billion yuan in the first quarter, a year-on-year decrease of 241.4 billion yuan. The balance of other consumer loans (excluding personal housing loans) of households was 16.42 trillion yuan, a year-on-year increase of 7.1%, and the growth rate was 2.4 percentage points lower than that at the end of the previous year. In March, the interest rate of newly issued household other consumption loans was 7.68%, 67 and 41 basis points lower than the beginning of the year and the same period of the previous year, respectively.
(Editor: Wen Jing)